News

Hackers steal $30 million from top Seoul bitcoin exchange

Agence France-Presse
Posted at Jun 20 05:00 PM

Hackers stole more than $30 million worth of cryptocurrencies from South Korea's top bitcoin exchange, sending the unit's price falling around the world on Wednesday. Read more »

Bitcoin could 'bring internet to a halt': BIS

Agence France-Presse
Posted at Jun 18 08:07 PM

The Bank for International Settlements in a report warned digital currencies like bitcoin could overwhelm and break the internet if they continue to grow. Read more »

Bitcoin 'whales' pulling cryptocurrency strings

Kevin Trublet, Agence France-Presse
Posted at Jun 13 12:53 PM

So-called 'whales' or big players can 'dictate monetary policy, which is normally the function of a central bank or a government,' an analyst said. Read more »

Cryptocurrency market consolidating, says PDAX CEO

ABS-CBN News
Posted at Jun 11 08:18 PM

Bitcoin's fall from a dizzying exchange rate of 1 to $19,000 in December last year to around $7,000 today should be seen a "consolidation," one of the founders of a new cryptocurrency exchange said on Monday. Read more »

8 dayuhan na nasa likod umano ng investment scam, arestado

ABS-CBN News
Posted at Jun 08 02:03 AM

Nasa kustodiya rin ng pulisya ang may 500 Pinoy na empleyado na ginagamit umano para humimok ng mga kliyente para sa umano'y scam. Read more »

Cryptocurrency addicts seek treatment at Scottish clinic

Agence France-Presse
Posted at May 29 09:16 PM

A Scottish addiction clinic has begun treating people who are hooked on trading cryptocurrencies. Read more »

What you need to know before investing in crypto

ABS-CBN News
Updated as of May 29 07:34 AM

An investor who saw a 39,000 percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams. Read more »

Kidnappers demand bitcoin ransom for teen

Agence France-Presse
Posted at May 22 11:01 PM

A gang who kidnapped a South African teenager from a playground at the weekend have demanded a ransom in bitcoin cryptocurrency worth about $123,000, police said Tuesday. Read more »

Soon screening near you? Blockchain tech premieres at Cannes

Agence France-Presse
Posted at May 16 01:27 PM

Blockchain may not be the most glamorous new star at the Cannes festival but experts touting the technology say it will rock the world of film even if the red carpet crowd doesn't know it yet. Read more »

Where are bitcoins in Manila?

ABS-CBN News
Posted at May 09 12:41 PM

Quintin Pastrana lists down where you can find bitcoins in Manila, and compare it to how other countries take advantage of the virtual currency. Read more »

DOJ urged to reinstate syndicated estafa raps vs bitcoin investment scam couple

Ina Reformina, ABS-CBN News
Posted at May 03 09:33 PM

The Philippine National Police (PNP) urged the Department of Justice (DOJ) to reverse its earlier ruling finding probable cause for the bailable offense of estafa against a couple implicated in an alleged P709.21-million cryptocurrency scam and reinstate the original case and higher crime of syndicated estafa. Read more »

Cryptocurrency scams now rampant says SEC

Warren De Guzman, ABS-CBN News
Posted at Apr 18 06:14 PM

The Securities and Exchange Commission on Wednesday warned that internet-based bitcoin and cryptocurrency ponzi schemes are now running rampant. Read more »

New York investigates cryptocurrency trading exchanges

Agence France-Presse
Posted at Apr 18 04:44 AM

New York state authorities on Tuesday said they have launched a probe into platforms that trade cryptocurrencies like bitcoin, including potential fraud and conflicts of interest. Read more »

Alleged bitcoin scam mastermind claims he was abducted by cops

ABS-CBN News
Posted at Apr 14 12:36 AM

The alleged mastermind of a multimillion-peso bitcoin scam has claimed policemen abducted him and forced him to sign over to them ownership of several of his properties.  Read more »

Angal ng naaresto sa bitcoin scam: Abduction iyon, hindi huli

ABS-CBN News
Posted at Apr 13 10:18 PM

Giit ng umano'y bitcoin scam mastermind na si Arnel Ordonio, nagsabwatan ang ilan sa kaniyang mga investor at mga pulis para masamsam ang kaniyang ari-arian.   Read more »

TIPS: Paano maiiwasan ang investment scam sa cryptocurrency?

ABS-CBN News
Posted at Apr 13 09:43 PM

Sa mga nais mamuhunan, dapat ay maging maingat bago pumasok sa isang negosyo, ayon sa isang abogado. Read more »

Biktima ng cryptocurrency scam, naenganyo dahil sa malaking tubo

ABS-CBN News
Posted at Apr 13 07:55 PM

Ikinuwento ng isa sa mga biktima ng cryptocurrency scam ang kaniyang karanasan at kung bakit siya naenganyong mag-invest dito. Read more »

Senate mulls probe into alleged P900-M Bitcoin investment scam

ABS-CBN News
Posted at Apr 13 01:16 PM

MANILA - A senator on Friday said he is mulling an inquiry into the alleged P900-million Bitcoin investment scam, following the arrest of a couple supposedly behind the illegal scheme. Read more »

'Utak ng bitcoin scam, protektado dati ng ilang pulis'

ABS-CBN News
Posted at Apr 13 12:06 AM

Pinaiimbestigahan ng VACC ang talagang nangyari sa pagkakaaresto ng sinasabing mastermind ng multi-milyong bitcoin scam na si Arnel Ordonio. Read more »

Vietnam eyes cryptocurrency crackdown after alleged $660 million scam

Agence France-Presse
Posted at Apr 12 03:50 PM

Vietnam has vowed to tighten regulations on cryptocurrencies as authorities investigate an alleged multi-million-dollar fraud in the country, where digital units are traded in a shadowy and unregulated market.  Read more »